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India tops global retail theft barometer

For the second year in a row, retailers in country found facing highest incidence of shoplifting, employee theft.India’s fledgling retail industry has topped the ‘Global Retail Theft Barometer’ survey for 2009. The country topped the retail “shrinkage” rate —...

Koutons converts more outlets to family stores

Apparel company Koutons Retail is in a consolidation mode and is assessing the performance of its existing 1,400 outlets. In the past six months, the company has relocated about 50 outlets across India and converted over 150 exclusive men's...

It is vital to grow profitably in a consistent manner

With a presence in over 30 cities in India, McDonald's, one of the largest fast food chains of the world, has sketched a drastic expansion plan for the current financial year in the country. According to Amit Jatia, joint...

Retail in India – looking forward

Tracking the reforms Liberalisation has always been treated with caution by Indian government. It has evolved with time through constant reforms. Allowing international investors to enter Indian retail business was another step in this direction. Companies relied on...

Spencer’s Retail launches first gourmet SIS

Spencer’s Retail, one of India’s major multi format retailers, has launched its first speciality gourmet shop-in-shop in its flagship store in South City Mall, Kolkata. The 72,000 square feet flagship store now has dedicated a 1,500 square feet area...

No FDI plan in retail: Centre

The hopes of the lobby that wants foreign investment in retail trade were dashed on Monday as the government said that there is no proposal to allow FDI in the retail.“There is no proposal to change the current (FDI)...

GST, FDI can quadruple FMCG turnover in 10 yrs: Survey

Despite the economic slowdown, India’s fast moving consumer goods (FMCG) sector has grown consistently during the past three to four years, reaching a size of USD 25 billion (Rs 120,000 crore) at retail sales in 2008. The industry is...

FM bats for long-term ‘inclusive growth’, drops short-term crowd-pleasers

As the trading day began, most stock market players were predicting a bold, impetus-led Union Budget 2009-10 that would invigorate corporate and retail investors alike. But after handsome gains made in the initial trade in the early morning, the...

FDI in retail: The tussle carries on!

Retail sector in India is predominantly unorganised, having one of the highest density of retail outlets per capita in the world and lowest per capita retail space. Only 2 per cent of the Indian retail sector is organised while...

Challenges before the food ingredient sector

The Indian food ingredient industry has a big scope for growth, since India is an agro based country and has a huge base for raw materials required for this industry. However, a recent report prepared by Frost and Sullivan,...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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